A Firm Has 21,000 Shares of Stock Outstanding,sales of $927,000,a

question 13

Multiple Choice

A firm has 21,000 shares of stock outstanding,sales of $927,000,a profit margin of 4.8 percent,a price-earnings ratio of 6.2,and a book value per share of $5.80.What is the market-to-book ratio?

• A)1)67 times
• B)3)98 times
• C)4)27 times
• D)3)29 times
• E)2)26 times

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Definitions:

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